Mesoblast Ltd (MESO) — Tangible Net Worth Ratio

Latest as of June 2026: 24.0%

Mesoblast Ltd (MESO) has a Tangible Net Worth Ratio of 24.0% as of June 2026. This metric is calculated by deducting intangible assets ($431.92 Million) from net assets ($568.40 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Mesoblast Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

24.0%
Tangible equity / total equity

Net Assets (Equity)

$568.40 Million
USD

Intangible Assets

$431.92 Million
Goodwill, patents, brand value

Total Assets

$773.08 Million
USD

Mesoblast Ltd Tangible Net Worth Ratio (2005–2026)

This chart shows how Mesoblast Ltd's Tangible Net Worth Ratio has changed across 22 annual periods from 2005 to 2026. As of June 2026, the ratio stands at 24.0%, reflecting net assets of $568.40 Million with intangible assets of $431.92 Million USD. For live market cap and overall valuation, see Mesoblast Ltd market cap and net worth.

Annual Tangible Net Worth Ratio for Mesoblast Ltd (2005–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for Mesoblast Ltd from 2005 to 2026, covering 22 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Mesoblast Ltd capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2026 24.0% $568.40 Million $431.92 Million $773.08 Million ▼ -2.8 pp
2025 26.8% $597.44 Million $437.37 Million $784.68 Million ▲ +18.7 pp
2024 8.1% $480.36 Million $441.28 Million $669.15 Million ▼ -3.6 pp
2023 11.8% $501.84 Million $442.73 Million $669.41 Million ▲ +1.1 pp
2022 10.6% $497.04 Million $444.20 Million $662.14 Million ▼ -12.6 pp
2021 23.3% $581.40 Million $446.09 Million $744.72 Million ▲ +4.7 pp
2020 18.6% $549.33 Million $447.15 Million $733.60 Million ▲ +11.9 pp
2019 6.7% $481.05 Million $448.67 Million $652.12 Million ▼ -10.8 pp
2018 17.6% $546.01 Million $450.15 Million $692.44 Million ▲ +5.0 pp
2017 12.6% $516.77 Million $451.90 Million $655.69 Million ▼ -1.6 pp
2016 14.2% $528.16 Million $453.37 Million $684.02 Million ▲ +24.4 pp
2015 -10.2% $609.36 Million $671.60 Million $1.02 Billion ▼ -14.5 pp
2014 4.3% $571.72 Million $547.39 Million $899.31 Million ▼ -29.1 pp
2013 33.3% $630.27 Million $420.15 Million $883.71 Million ▲ +12.9 pp
2012 20.4% $478.85 Million $381.01 Million $720.46 Million ▼ -8.7 pp
2011 29.1% $515.84 Million $365.59 Million $763.25 Million ▼ -69.7 pp
2010 98.8% $37.92 Million $438.54K $39.51 Million ▲ +0.7 pp
2009 98.1% $25.79 Million $482.27K $26.98 Million ▲ +0.1 pp
2008 98.0% $26.22 Million $526.01K $27.79 Million ▲ +2.0 pp
2007 96.0% $20.54 Million $818.23K $21.24 Million ▲ +2.7 pp
2006 93.3% $11.97 Million $805.62K $16.38 Million ▼ -3.1 pp
2005 96.3% $19.26 Million $705.39K $21.47 Million
pp = percentage points